TAE Technologies, Inc exceeds fusion reactor performance goals by 250%, as the company closes $250 million financing round, totaling $1.2 billion to date. TAE's fifth-generation reactor, Norman, was unveiled in 2017 and was designed to keep plasma stable at 30 million degrees Celsius. After five years of experiments to optimize Norman's capabilities, the machine has proven capable of sustaining stable plasma at more than 75 million degrees Celsius, 250% higher than its original goal.
Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management are among the company's most recent investors.Â
TAE Technologies news release:Â https://lnkd.in/d7scgCjr